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Benefits

Flexible Spending Accounts

Overview l Medical Reimbursement Plan l Dependent Care Assistance Plan l Plan Administrator l Documents l Tools

 

Overview

Flexible Spending Accounts (FSAs) are optional accounts that can be set up as a means to help eligible employees decrease their taxes and increase their take-home pay. Use the money in your accounts to pay for eligible medical and dependent care expenses.

When you establish a Flexible Spending Account, you will receive a debit card to access the funds in your account. This gives you the option to pay for eligible expenses without waiting for reimbursement checks and minimizes your out-of-pocket expenses at the time of service.

Brown University offers you two types of accounts to help you stretch your paycheck dollars. For more information, please refer to the documents listed below:

 

Medical Reimbursement Plan (MRP)

MRP allows you to set aside pre-tax dollars to pay for eligible health and/or dental care expenses such as:

  • Coinsurance, copayments, and deductibles
  • Certain over-the-counter medications
  • Dental, vision, and hearing expenses that aren't covered by the plan
  • Weight loss (i.e., obesity-related) and smoking cessation

 

Dependent Care Assistance Plan (DCAP)

DCAP allows you to set aside pre-tax dollars to pay for eligible dependent care expenses such as:

  • After-school day care expenses
  • Preschool tuition
  • Elder care
  • Day camp

 

Benefit Administrator

Benefit Strategies LLC

 

Plan Documents

 

Flex Tools

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